PU Commerce Specialisations: Accounting vs. Business Law

ThePre-University Course (PUC) for Commerce especially focuses on finance and business. Thus, learners will study subjects such as Economics, mathematics, bookkeeping and accountancy, Business Finance and Business Law. Candidates who are aspiring for a career in the banking and finance industry, Accountancy and Business Law among others will opt for the Commerce stream in PUC. In this article, we will take a look at the course combination one can take in the two-year programme that will lead to a career in Accounting or Business Law.

PUC Commerce Course Combination:

PUC is a two-year course, and the following are the course combination options for PUC Commerce candidates -

  • ABMS: Accounts, Business Studies, Mathematics, and Statistics.
  • ABES: Accounts, Business Studies, Economics, Mathematics, and Statistics.
  • ABEM: Accounts, Business Studies, Economics, and Mathematics.
  • ABEC: Accounts, Business Studies, Economics, and Computer Science.
  • ABSC: Accounts, Business Studies, Statistics, and Computer Science.


PUC Commerce Course Syllabus

The syllabus for all thePUC Commerce subjects are -


Accounting for Partnership Firms and Companies, Financial Statement Analysis, Computerised Accounting, Depreciation, Provisions and revisions, Accounting for non-profit organisation

Business Studies

Foundation of business - Forms of business organisation, Business services, Emerging Modes of business, Social Responsibility of Business and Business Ethics
Finance and Trade - Sources of business finance, Small Businesses, Internal trade, International business


Microeconomics, Macroeconomics, Production and costs, Theory of firm under perfect competition, Market Equilibrium, National Income Accounting, Government Budget etc.


Relations and functions, Trigonometric functions, Matrices, Derivatives, Integrals, Differential Equations, Determinants etc.


Vital statistics, Index numbers, Time Series Analysis, Interpolation and extrapolation, Statistical Inference, Operation Research etc.

Computer Science

Computing in C++, Large Data, Database, and Query, Advanced Concepts in Communication Technology

Courses after PUC: Accounting vs. Business Law

After PUC, to pursue a course in accounting, the candidate can opt for B.Com. There are multiple Diploma and professional certification courses such as Chartered Accountancy (CA), Chartered Financial Accountant (CFA), or Certified Public Accountant (CPA) that can be pursued after 12th grade. To qualify for them, the candidate has to score 12th grade with 50% aggregate and clear an entrance test.
To enter a career in Business or Corporate Law, one can either join the 5-year LLB programme after 2nd PUC, or the 5-year B. Com LLB programme. For both courses, they will appear for an entrance exam and require an aggregate score of 50% in the 12th grade.

Career Scope: Accounting vs. Business Law

Accountants are in demand in the private sector and public sector alike in roles such as -

  • Chartered Accountants - they are concerned with taxation, financial reporting, corporate finance, personal finance, business recovery and insolvency.
  • Public Accountants -They conduct audits, provide tax consultation, financial recommendations, and accounting services for individuals, accounting firms, government organisations, financial institutions and so on.
  • Cost and Management Accountants - They collect data and calculate the cost of business activities such as labour, raw material purchases, inventory, etc. They recommend policies and procedures for improving the organisation’s cash flow.
  • Auditors - They review financial statements, accounting systems, fiscal records to ensure accuracy in financial information and check the discrepancies in books of accounts.

Business law graduates will work with law firms, multinational companies, accounting firms, the judicial system of the country and other business consultancy firms in roles such as -

  • Corporate lawyer - advises businesses on legal aspects of doing business, making trade deals, new business ventures, or moving to new markets.
  • Patenting Lawyer - works with clients to help them register patents, enforce copyrights, and protect client interests in business negotiations.
  • Compliance officer - ensures that the business is compliant with all legal formalities and enforces laws and regulations. They draft various employee agreements, business agreements, and trade deals.
  • Litigation Attorney - negotiates business disputes in contracts or transactions, evaluates and enforces business partnership rights and laws, responds to claims, and works with shareholders, or businesses to ensure ownership and control of business entities.

Final Thought:

Accountancy and Law are two aspects of business that evolve with the changing business landscape. There are exciting opportunities for accountants to work for multinational companies or become independent consultants. One can benefit from the closing of boundaries on the internet and virtually serve international clients. Business Lawyers can work to simplify the complexities that surround business operations and transactions. They can work for the business, its human resources, clients, customers, or regulatory agencies to ensure better business practices. Both are exciting fields for commerce field aspirants.